Latest SPAC Liquidations: Marlin Technology Corp. Marlin Technology Corp. (FINM) to Liquidate January 13 Marlin Technology Corporation (Nasdaq: FINM) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of the close of business on January 17, 2023. More
Dune Acquisition Corporation (NASDAQ: DUNE) announced in an 8-K this afternoon that it has settled its lawsuit with equities trading platform TradeZero and mutually terminated its combination agreement. As a refresher, Dune launched a lawsuit against its combination partner TradeZero in April 2022 claiming that its target, “fraudulently induced” it into entering the merger and “materially breached” that agreement, causing “irreparable injury” to the SPAC. More
AlphaTime Acquisition Corp. priced its $60 million IPO and its units began trading on the Nasdaq under the symbol "ATMCU" Friday, December 30, 2022. The new SPAC intends to acquire businesses in Asia that have the potential to generate strong, stable, and increasing free cash flow, particularly businesses with predictable revenue streams and definable low working capital. More
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: NWTN delivers first batch of EVs to client in UAE, and DraftKings set to launch online sportsbook in Ohio NWTN Delivers First Batch of Electric Vehicles to Client in the UAE NWTN Inc. More
Prime Number I (NASDAQ:PNAC) has entered into a definitive agreement to combine with Noco-Noco at an equity valuation of $1.35 billion. Singapore-based Noco-Noco is developing carbon-zero EV batteries and lithium-ion separators. More
CENAQ Energy Corp. (NASDAQ:CENQ) in an 8-K filing gave an update this morning that its investors have not yet been able to raise the full $80 million PIPE that was initially intended at its deal announcement. More
Northern Star Investment Corp. II (NYSE:NSTB) and Pivotal Investment Corp. III (NYSE:PICC) both announced in morning filings that they have signed non-redemption agreements with shareholders in connection with their extension votes. In Northern Star II's case, shareholders agreed not to redeem 200,000 shares in exchange for 50,000 promote shares, which they will receive once the SPAC has completed a business combination. More
Latest SPAC Liquidations: MDH Acquisition Corp. MDH Acquisition Corp. (MDH) to Liquidate December 29 MDH Acquisition Corp. (NYSE: MDH) announced that in accordance with the announced December 29, 2022 termination date set by its Board of Directors, the company expects to redeem all outstanding public shares by December 29, 2022. More
Fortune Rise Acquisition Corp. (NASDAQ: FRLA) announced this afternoon that it has entered into a membership interest purchase and transfer agreement resulting in a change in leadership. On December 22, FRLA's sponsor, Fortune Rise Sponsor LLC, entered into a purchase agreement with water fintech startup Water On Demand, Inc. More
2022 was the year of the SPAC steeplechase. Just when SPACs thought they had cleared one hurdle, they would turn the corner and find they needed to jump a new and deeper moat. More
